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UAE VAT reclaims

The United Arab Emirates has issued guidance on its plans to allow non-resident companies to reclaim UAE VAT suffered. This follows the introduction of a 5% VAT regime at the start of 2018....Continued

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China cuts VAT from 16% to 13% 1 Apr 2019

China has confirmed it will reduce its standard VAT rate from 16% to 13% on 1 April 2019. ...Continued

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Congo raises VAT registration threshold

The Republic of Congo has increased its annual VAT registration threshold. It is now FCFA 60million per annum, effective from 1 February 2019. The threshold also applies to foreign businesses providin...Continued

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Africa VAT union update

2019 promises to be a defining year for Africa as it is on the brink of becoming a single market. ...Continued

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China VAT cut to 13% on tariffs concerns

China is reported to be considering a 3% cut in its standard VAT rate of 16% to help its manufacturers struggling with US tariffs, slowing global demand and a domestic debt overhang. ...Continued

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Angola agrees July 2019 14% VAT implementation

The Angolan parliament has approved the implementation of a 14% VAT regime from July 2019. This will replace the existing Consumption Tax, which has no right to deduct through the production chain....Continued

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Bahrain VAT return

The Bahrain National Bureau for Revenue has published the standard VAT return following the introduction of the 5% consumption tax at the start of 2019....Continued

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Qatar VAT Jan 2020

Qatar is now expected to be the fourth Arab Gulf state to introduce a 5% VAT in January 2020. This follows Saudi Arabia, UAE and Bahrain. ...Continued

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Nigeria VAT rise

The Nigerian government has announced plans to raise VAT from 5% to 8% this year. The increase may still only apply to a range of luxury goods. This will be confirmed later in the year....Continued

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Indonesia demands marketplace VAT data

Indonesia has become the latest country to require online marketplaces to share their third-party VAT data to help reduce fraud. From 1 April 2019, marketplaces will be required ...Continued